LAND MANAGEMENT NEWS
Elizabeth Williams DTN Special Correspondent
Mon Feb 3, 2014 08:14 AM CST

DES MOINES (DTN) -- Professional farmland investor Bruce Rastetter's firm won only four sales out of approximately 400 auctions it attended last year, but the Iowan thinks the tide is turning now. Disappointing 2014 commodity prices may finally curb overly aggressive bidders and give outsiders a fighting chance.

"Overpaying doesn't work for investors," said Rastetter, CEO of the Summit Group and Summit Farms, who personally owns 20,000 acres in Iowa and Nebraska and another 12,000 acres with high-net-worth partners. "But as the market stabilizes or sets back, those who have been patient will be rewarded in the long term."

His ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
Land Market
Water Quality
Cash Rent Calamity?
Conservation Threats
Dow's Gutsy Decision
Ag Runoff Targeted
Stretching a State's Waters
Ag Land Prices Drop in Parts of Midwest
All Roughed Up
Web of Water - 4